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Template:ISDA English Law Credit Support Annex 2016 4(a)(4): Difference between revisions
Template:ISDA English Law Credit Support Annex 2016 4(a)(4) (view source)
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: | :[[4(a)(4) - VM CSA Provision|(4)]] if they fail to resolve the dispute by the {{vmcsaprov|Resolution Time}}, then: | ||
::(i) in the case of a dispute involving a {{vmcsaprov|Delivery Amount (VM)}} or {{vmcsaprov|Return Amount (VM)}}, unless otherwise specified in Paragraph 11, the {{vmcsaprov|Valuation Agent}} will recalculate the {{vmcsaprov|Exposure}} and the {{vmcsaprov|Value}} as of the Recalculation Date by: | ::(i) in the case of a dispute involving a {{vmcsaprov|Delivery Amount (VM)}} or {{vmcsaprov|Return Amount (VM)}}, unless otherwise specified in Paragraph 11, the {{vmcsaprov|Valuation Agent}} will recalculate the {{vmcsaprov|Exposure}} and the {{vmcsaprov|Value}} as of the Recalculation Date by: | ||
:::(A) utilising any calculations of that part of the {{vmcsaprov|Exposure}} attributable to the {{vmcsaprov|Covered Transaction}}s that the parties have agreed are not in dispute; | :::(A) utilising any calculations of that part of the {{vmcsaprov|Exposure}} attributable to the {{vmcsaprov|Covered Transaction}}s that the parties have agreed are not in dispute; | ||